United States gross domestic product increased 1.9 percent in the fourth quarter of 2016, according to the “second” estimate from the Department of Commerce, down from a 3.5 percent growth rate in the third quarter.
The containership owner and charterer recorded a loss of $139 million on revenues of $877.9 million for the full year of 2016.
The deal is increasing Direct ChassisLink’s fleet of owned, leased and managed chassis to approximately 133,000.
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The Israeli ocean carrier said its focus on select markets and investment in customer service will improve its position to endure the shipping crisis.
The Shanghai Containerized Freight index fell 1.9 from last Friday to a reading of 971.64, but the index is still much higher from a year prior.
A third and final U.S. Coast Guard Marine Board of Investigation hearing into the sinking of the TOTE Maritime cargo ship El Faro, which claimed the lives of 33 crew members on board, began Monday in Jacksonville, Fla.